5705 Taunton DR, Austin TX 78723

Based on 6 closed sales in MANOR FOREST, the data points to a value around $487,627 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $524,000 to $531,000. This would position the home competitively among 4 active listings in MANOR FOREST. Being 372 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.11 for the typical comp. Current inventory shows 4 comparable homes in MANOR FOREST; a buyer's market based on recent absorption. Market data shows 78723 prices fallen 11.2% over the last half year. The closest comparable sale, 5306 Jason DR, Austin TX 78723 at an adjusted $483,148, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in MANOR FOREST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group